WHY SHOULD YOU IMPROVE YOUR WORKPLACE SAFETY PRACTICES?
By focusing on preventing and effectively managing workplace injuries, you can help keep your employees safe and healthy while saving your company time and money.
Benefits of a successful OHS Program:
- Reduce your annual WorkSafeBC premium experience rates. Depending on your company’s safety performance, you may face a surcharge of up to 100 per cent or a discount of up to 50 per cent on your premiums. A decrease in your company’s experience rating could lead to a potential reduction of up to 75 per cent of your WorkSafeBC premiums.*
- Lower the indirect “hidden” costs of your workplace incidents. On average, for every $1 of direct costs of an incident, a company will expend an additional $4 in indirect costs, according to a WorkSafeBC report.
- Reduce your industry’s WorkSafeBC premium base rates. You are contributing to a reduction in the number of claims and claim costs within your industry.
- Avoid potential WorkSafeBC penalties and fines by being in compliance with the legal requirements of the Occupational Health and Safety Regulation.
- Receive support and resources to help you obtain a 10% rebate on your annual WorkSafeBC premiums through COR certification.**
- Reduce the rate and duration of injuries, keeping your employees healthy & safe.
- Improve employee morale, productivity and customer service.
- Retain knowledgeable, experienced employees.
- Demonstrate your company’s commitment to a healthy and safe workplace culture.
- Attract and recruit employees who value a safe and healthy workplace.
- Save yourself time by increasing staff participation and ownership of workplace health and safety.
*Employers that have strong workplace health and safety practices can earn Experience Rating discounts on their WorkSafeBC premium of up to 50 percent. Companies that have a less healthy and safe workplace may face surcharges of up to 100 percent on their annual premium.
The following tables use figures calculated on a $1,000,000 assessable payroll for ease of you calculating for your own property.
|Sector||Classification Unit||2018 Base Rate||Change from 2017||Annual Premiums at Base Rate||Annual COR Incentive|
|Casino, Gaming Operations||761054||$0.79||
|Coffee Shops & Ice Cream Parlours||761045||$0.63||
|Mobile Catering, Food Trucks/Carts||761023||$1.38||
|Outdoor Sport Tour||761028||$2.89||
|Park, Campground or Trail Maintenance||761049||$2.11||no change||$21,100||$2,110|
|Pubs, Bars, Nightclubs & Lounges||761034||$0.80||
*Per $100 of a $1 million assessable payroll
What are the costs of injuries in the tourism and hospitality industry?
The tourism and hospitality industry may not be perceived as dangerous, but many workplace hazards can potentially lead to serious injuries.
When an employee is injured on the job, the direct insurance costs are only the tip of the iceberg. Injuries to employees such as cooks, ski patrollers and room attendants can cause personal suffering and will result in increased costs for your company. If you factor in these additional hidden costs, it becomes clear that you have a lot to lose if you don’t have strong occupational health & safety practices.
On average, for every $1 of direct costs of an accident, a company will expend an additional $4 in indirect costs, according to a WorkSafeBC report.
Direct insurance costs:
- Coverage for injuries, diseases, and damage (for example, WorkSafeBC premiums, extended health benefits, short-term and long-term disability)
Indirect “hidden” costs:
- reduced productivity
- costs for replacement workers
- WorkSafeBC fines and/or penalties
- investigation time
- reduced employee morale
- production delays
- legal costs
- cost to repair damaged equipment or products
- loss of contracts and damage to business reputation
- administrative costs
You can calculate the cost of various worker injuries in the tourism and hospitality industry by using the WorkSafeBC’s Tourism and Hospitality Safety Calculator.
For more information, contact the go2HR Industry Health & Safety Team.